I have been a contrarian investor for decades and believe that patience pays off well in the long run. However, there are some ground rules to minimise the probability of failures. Firstly, one should not play contrarian for the sake of being a contrarian — or to stay away from the crowd. Secondly, a contra play is in those sectors or companies which are not doing well at a point in time. So, a good management in an underperforming sector is always better than an unscrupulous management in a good sector. The latter could be a good momentum play but the former, possibly, is a good contra play.
My Best Pick 2019
Ambareesh Baliga
The independent market expert believes a strong PV line-up and a robust plan for JLR could turn up trumps for Tata Motors
|
Published 4 years ago on May 01, 2019 • 6 minutes Read
Editor's Pick
Most Popular
Summer wine and salad
Kishore Singh - January 19, 2015
A double topping for growth
Meghna Maiti - January 15, 2015
Scriptures for success
Kripa Mahalingam - January 27, 2015
Where's the party tonight?
Aditi Saxena - January 27, 2015
The million-dollar question: Is investing a game of luck or skill?
Shankar Sharma - May 04, 2021